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The Laughing Buddha - In this position where The Laughing Buddha has his both hands raised and the palms are facing outwards, with fingers extended pointing upward. Also The wrist is bent at almost a right angle with the forearm is considered to bring in Fearlessness or Reassurance. Laughing Buddha is considered as Good Luck Buddha as it brings joy and luck wherever its installed, it spreads positive energy in and around with the laughing posture.